Civic Intelligence

Nashville Public Radio

EIN 62-1631652 • 501(c)3 • Nashville, TN

Profile

Nashville public radio's mission is to be the most trusted & independent nashville voice, connecting our communities through non-partisan journalism, compelling storytelling, civil conversation and music discovery.

630 Mainstream DriveNashville, TN 37228-1204

www.wpln.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.06x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.16x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

32nd percentile

-1.3%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$306,389

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

41st percentile

1.9%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

9.5%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$21,020,924

Up $396,012 (+1.9%) from 2023

Liabilities

Down

$1,248,530

Down $134,424 (-9.7%) from 2023

Net Assets

Up

$19,772,394

Up $530,436 (+2.8%) from 2023

Revenue

Up

$8,036,857

Up $697,906 (+9.5%) from 2023

Expenses

Down

$8,137,715

Down $48,888 (-0.6%) from 2023

Net Income

Up

-$100,858

Up $746,794 (+88%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $17,769,956Liabilities 2011: $4,385,027Net Assets 2011: $13,384,9292011Assets 2012: $17,142,801Liabilities 2012: $4,103,196Net Assets 2012: $13,039,6052012Assets 2013: $17,875,278Liabilities 2013: $3,826,128Net Assets 2013: $14,049,1502013Assets 2014: $21,514,627Liabilities 2014: $5,857,646Net Assets 2014: $15,656,9812014Assets 2015: $21,740,213Liabilities 2015: $5,507,236Net Assets 2015: $16,232,9772015Assets 2016: $21,318,066Liabilities 2016: $4,627,722Net Assets 2016: $16,690,3442016Assets 2017: $21,230,065Liabilities 2017: $3,624,947Net Assets 2017: $17,605,1182017Assets 2018: $21,636,841Liabilities 2018: $2,988,924Net Assets 2018: $18,647,9172018Assets 2019: $21,361,156Liabilities 2019: $680,622Net Assets 2019: $20,680,5342019Assets 2020: $22,059,815Liabilities 2020: $893,518Net Assets 2020: $21,166,2972020Assets 2021: $24,532,421Liabilities 2021: $998,384Net Assets 2021: $23,534,0372021Assets 2022: $20,343,495Liabilities 2022: $572,257Net Assets 2022: $19,771,2382022Assets 2023: $20,624,912Liabilities 2023: $1,382,954Net Assets 2023: $19,241,9582023Assets 2024: $21,020,924Liabilities 2024: $1,248,530Net Assets 2024: $19,772,3942024

Highlighted filing

2024

Assets$21,020,924
Liabilities$1,248,530
Net Assets$19,772,394

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,922,642Expenses 2011: $3,848,285Net Income 2011: $74,3572011Revenue 2012: $4,218,658Expenses 2012: $4,153,203Net Income 2012: $65,4552012Expenses 2013: $4,126,4672013Revenue 2014: $6,211,446Expenses 2014: $4,227,812Net Income 2014: $1,983,6342014Revenue 2015: $6,144,668Expenses 2015: $4,689,972Net Income 2015: $1,454,6962015Revenue 2016: $5,412,708Expenses 2016: $4,771,151Net Income 2016: $641,5572016Revenue 2017: $5,354,652Expenses 2017: $4,962,835Net Income 2017: $391,8172017Revenue 2018: $6,609,839Expenses 2018: $5,378,721Net Income 2018: $1,231,1182018Revenue 2019: $7,959,314Expenses 2019: $5,748,770Net Income 2019: $2,210,5442019Revenue 2020: $6,690,271Expenses 2020: $5,854,418Net Income 2020: $835,8532020Revenue 2021: $10,207,305Expenses 2021: $6,404,158Net Income 2021: $3,803,1472021Revenue 2022: $8,092,094Expenses 2022: $8,388,813Net Income 2022: -$296,7192022Revenue 2023: $7,338,951Expenses 2023: $8,186,603Net Income 2023: -$847,6522023Revenue 2024: $8,036,857Expenses 2024: $8,137,715Net Income 2024: -$100,8582024

Highlighted filing

2024

Revenue$8,036,857
Expenses$8,137,715
Net Income-$100,858

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.0$1.25$19.8$8.04$8.14$0.10
2023Detailed filing. Detailed filing data is available for this year.$20.6$1.38$19.2$7.34$8.19$0.85
2022Detailed filing. Detailed filing data is available for this year.$20.3$0.57$19.8$8.09$8.39$0.30
2021Detailed filing. Detailed filing data is available for this year.$24.5$1.00$23.5$10.2$6.40$3.80
2020Detailed filing. Detailed filing data is available for this year.$22.1$0.89$21.2$6.69$5.85$0.84
2019Detailed filing. Detailed filing data is available for this year.$21.4$0.68$20.7$7.96$5.75$2.21
2018Detailed filing. Detailed filing data is available for this year.$21.6$2.99$18.6$6.61$5.38$1.23
2017Detailed filing. Detailed filing data is available for this year.$21.2$3.62$17.6$5.35$4.96$0.39
2016Detailed filing. Detailed filing data is available for this year.$21.3$4.63$16.7$5.41$4.77$0.64
2015Detailed filing. Detailed filing data is available for this year.$21.7$5.51$16.2$6.14$4.69$1.45
2014Detailed filing. Detailed filing data is available for this year.$21.5$5.86$15.7$6.21$4.23$1.98
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$3.83$14.0$4.13
2012Summary only. Only limited summary data is available for this year.$17.1$4.10$13.0$4.22$4.15$0.07
2011Summary only. Only limited summary data is available for this year.$17.8$4.39$13.4$3.92$3.85$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 26, 2025
Return Version
2023v6.0
Gross Receipts
$9,145,907
Mission and Program Overview

Mission

Nashville public radio's mission is to produce programming which explains events and issues and equips our fellow citizens to participate in the democratic process; encourage rational thought and discussion; connect our fellow citizens to vital cultural expressions.

Nashville public radio is a non-profit, non-commercial public media service. Nashville public radio's mission is to create and deliver content essential to understanding your world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$9,457,047$9,911,816▲ $454,769
Land, Buildings, and Equipment, Net$2,562,075$2,383,011▼ $179,064
Cash and Non-Interest-Bearing Accounts$2,152,320$1,572,609▼ $579,711
Accounts Receivable$293,545$1,024,079▲ $730,534
Pledges and Grants Receivable$100,165$104,754▲ $4,589
Prepaid Expenses and Deferred Charges$63,904$82,057▲ $18,153
Total Assets$20,624,912$21,020,924▲ $396,012
Other Assets Total$5,995,856$5,942,598▼ $53,258
Liabilities
Accounts Payable and Accrued Expenses$584,037$554,722▼ $29,315
Other Liabilities$555,346$545,593▼ $9,753
Deferred Revenue$243,571$148,215▼ $95,356
Total Liabilities$1,382,954$1,248,530▼ $134,424
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,826,806$9,889,992▲ $63,186
Net Assets With Donor Restrictions$9,415,152$9,882,402▲ $467,250
Total Net Assets Fund Balance$19,241,958$19,772,394▲ $530,436
Total Liabilities and Net Assets / Fund Balance$20,624,912$21,020,924▲ $396,012

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,308,146$1,775,270$3,083,416
Equipment$450,690$1,376,832$1,827,522
Land$608,384-$608,384
Other Land Buildings$15,791$23,074$38,865
Other Assets Org$447,473--
Other Securities$251,852--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$9,181,641$57,000▲ $854,574$465,000$9,628,215
2022$9,170,588$11,500▲ $449,553$450,000$9,181,641
2021$9,764,106$25,000▼ $193,518$425,000$9,170,588
2020$8,330,878$44,000▲ $1,818,677$424,000$9,764,106
2019$8,502,543$52,500▲ $115,835$340,000$8,330,878
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve SwensonPresident & CEOFT$247,327$59,062$306,389
Carl PedersenSecretary, VP Finance/technologyFT$154,219$13,686$167,905
Kenda LovecchioVP of DevelopmentFT$127,427$23,944$151,371
Michael RobertsonDirector of FinanceFT$120,648$11,081$131,729
Rob SanchezCOOFT$86,412$11,910$98,322

Board Members and Trustees

NameTitle
Neil ThorneBoard Chair
Claire GulmiFinance Board Chair
Ann ShayneDirector
Ashlee DavisDirector
Byron TraugerDirector
Caroline WilliamsDirector
Christopher BarkleyDirector
Claudio MosseDirector
Eric HoltDirector
Fahad TahirDirector
Jeff FreudeDirector
Jim FlauttDirector
Johari MatthewsDirector
Katy VarneyDirector
Melody Fowler-greenDirector
Sally WilliamsDirector
Scott ClaytonDirector
Susan LaniganDirector
Tracey RoyalDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Market Enginuity INCFundraising/underwriting3131 E CLARENDON AVE STE 105, Phoenix, AZ 85016$747,597
National Public Radio INCContent For Programming1111 NORTH CAPITAL STREET NE, Washington, DC 20002$595,841
Revenue and Support

Revenue Composition

Contributions and Grants
$7,443,897
Program Service Revenue
$0
Investment Income
$442,506
Other Revenue
$150,454
All Other Contributions
$3,090,011
Change in Net Assets
$-100,858

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles141$114,376Auction
Total Noncash Contributions141$114,376-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,984,497
Revenue Not Reported on Financial Statements
$52,360
Revenue Not Reported on Form 990
$677,124
Total Revenue per Audited Statements
$8,661,621
Total Revenue per Form 990
$8,036,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,663,435
Other Expenses$3,474,280
Total Fundraising Expense$2,132,279
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,336,397$98,065$466,778$2,901,240
Fees for Services Other$252,563$53,906$769,235$1,075,704
Current Officers, Directors, Trustees, and Key Employees$343,511$356,553$321,971$1,022,035
Other Employee Benefits$252,660$36,929$28,038$317,627
All Other Expenses$190,623$6,430$87,403$284,456
Payroll Taxes$195,300$30,502$53,289$279,091
Depreciation Depletion$176,103$11,567$60,189$247,859
Office Expenses$55,994$7,413$160,976$224,383
Information Technology$131,666$23,657$66,771$222,094
Pension Plan Contributions$110,927$4,343$28,172$143,442
Occupancy$84,392$7,267$27,112$118,771
Other Expenses$28,626$20,964$42,755$92,345
Insurance$46,935$923$12,692$60,550
Fees for Service Investment Mgmnt Fees-$52,360-$52,360
Fees for Services Accounting-$40,910-$40,910
Fees for Services Legal-$22,600-$22,600
Travel$10,227$4,629$6,884$21,740
Total Functional Expenses$5,225,982$779,454$2,132,279$8,137,715

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,137,715
Total Expenses per Audited Statements$8,131,185
Expenses per Audited Statements$8,085,355
Expenses Not Reported on Financial Statements$52,360
Expenses Not Reported on Form 990$45,830
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilites$545,593
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft copy of the entire form 990 will be distributed to all members of the governing board before it is filed with the irs.

Form 990, Part VI, Section B, Line 12C

Enforcing the conflict of interest policy begins with the orientation of new board members, all of whom are briefed on the organization's conflict of interest policy and who are required to sign a statement confirming that they will abide by the policy. Responsibility for monitoring and enforcing the policy is shared by the staff and the board of directors. Any financial decisions or transactions involving a potential conflict of interest would be immediately referred to the ceo and the chair of the board. During the annual budget review and approval process, members of the finance and executive committees are given detailed financial information, giving board members an opportunity to raise questions about any potential conflicts.

Form 990, Part VI, Section B, Line 15

All compensation decisions, including that of the ceo, top management and key employees, are guided by periodic compensation reviews conducted by a reputable outside consultant, these reviews use salary data derived from the public broadcasting industry and from non-profit salary references sources, further adjusted for our local environment and keyed to inflation and cost of living indexes. The ceo's salary is determined annually by the executive committee of the board of directors following a performance review of the ceo. Any salary increases are based on the ceo's record of performance and demonstrated achievement of the goals for the organization approved by the board. The executive committee's decision for ceo compensation is shared with and ratified by the full board, giving each member of the board an opportunity to comment. Top management salaries are set annually by the ceo based on performance and success in meeting departmental goals. The ceo shares and discusses top management salaries with the full board of directors.

Form 990, Part VI, Section C, Line 19

The board and management of nashville public radio believe the organization should operate in a transparent manner. Governing documents, conflict of interest statements, and financial statements are available to the public on the station web site, nashvillepublicradio.org, and are found in the station's public file, which is available for inspection on the federal communications website, fcc.org. Nashville public radio's board meetings are open to the public, except on rare occasions when the board has to discuss confidential business or personnel matters.

Filing and Contact Details

Filer

Filer Name
Nashville Public Radio
EIN
62-1631652
Phone
6157602903
Address
630 MAINSTREAM DRIVE, NASHVILLE, TN 37228-1204

Signing Officer

Name
Steve Swenson
Title
President & CEO
Phone
6157602903
Signed
2025-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Swenson
Formed
1962
Legal Domicile
Tn
Voting Board Members
20
Independent Board Members
19
Employees
62
Volunteers
19

Preparer

Firm
Kraftcpas Pllc
Address
555 GREAT CIRCLE ROAD, NASHVILLE, TN 37228
Preparer
Frances E Leahy
Phone
6152427351
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Underwriting sales management: program service expenses 0. Management and general expenses 0. Fundraising expenses 749,885. Total expenses 749,885. Professional services: program service expenses 208,440. Management and general expenses 33,500. Fundraising expenses 4,350. Total expenses 246,290. Consulting: program service expenses 44,123. Management and general expenses 20,406. Fundraising expenses 15,000. Total expenses 79,529.

FORM 990, PART XII, LINE 2C:

The organization has not changed its oversight or selection process since the previous year.

Financial Statement Notes

PART V, LINE 4:

The organization may spend endowment corpus for its operations or activities subject to approval by 85% of the organization's voting board of directors.

PART X, LINE 2:

Management performs an evaluation of all income tax positions taken or expected to be taken in the course of preparing the organization's income tax returns to determine whether the income tax positions meet a "more likely than not" standard of being sustained under examination by the applicable taxing authorities. Management has performed its evaluation of all income tax positions taken on all open income tax returns and has determined that there were no positions taken that do not meet the "more likely than not" standard. Accordingly, there are no provisions for income taxes, penalties or interest receivable or payable relating to uncertain income tax positions in the accompanying financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Expenses of donated vehicles 45,830.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses of donated vehicles 45,830.

Raw XML AppendixShowing 400 of 747 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2FINANCE BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt21COO
IRS990/Form990PartVIISectionAGrp/TitleTxt22SECRETARY, VP FINANCE/TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP OF DEVELOPMENT
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IRS990/MissionDesc0NASHVILLE PUBLIC RADIO'S MISSION IS TO BE THE MOST TRUSTED & INDEPENDENT NASHVILLE VOICE, CONNECTING OUR COMMUNITIES THROUGH NON-PARTISAN JOURNALISM, COMPELLING STORYTELLING, CIVIL CONVERSATION AND MUSIC DISCOVERY.
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IRS990/OtherExpensesGrp/Desc0NATIONAL PUBLIC RADIO F
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